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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release May 5, 1995

STATEMENT BY THE PRESIDENT

Hillary and I were deeply saddened to learn today of the death of Lewis Preston.

As President, Lewis Preston brought strong management to the World Bank. During a time of monumental change in the international arena, including the entry of the former Soviet Union into the free-market and the emergence of a democratic South Africa, Lewis Preston provided steady leadership and helped to make the World Bank a more open and effective institution.

Our thoughts and prayers are with his family and friends.

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